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from the fiscal cliff deadline. there's no movement from lighter side. a south carolina congressman is voted against who speaker john boehner's plan b. he says passing the plan would not have changed the outcome. >> the reason i was against plan was i am not convinced the senate was ever going to take tips up. people feel all the house had to the endass the bill at of a discussion. beginning from the continue to believe the in notnt has no interest over the cliff. >> congress is not expected to meet again until after christmas. >> investigators are searching deadly gunman behind a double shooting in northeast d.c. of4-year-old raymond harris northwest and 69-year-old l beasley jr. of south east were shot early saturday morning. harrison died at the scene and r died at the hospital. no word on what led to the shooting. d.c. teenager shot the leg at a bus stop earlier month received a special delivery. the 18-year-old girl was shot by stole herunman who schoolbag, so some d.c. firefighters brightened her spirits this
from the fiscal cliff deadline. there's no movement from lighter side. a south carolina congressman is voted against who speaker john boehner's plan b. he says passing the plan would not have changed the outcome. >> the reason i was against plan was i am not convinced the senate was ever going to take tips up. people feel all the house had to the endass the bill at of a discussion. beginning from the continue to believe the in notnt has no interest over the cliff. >> congress is not...
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Dec 24, 2012
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. >>> we're going turn now to the looming fiscal cliff. eight days until we head over it, when just about everyone's taxes will go up. rather than moving together, the two sides seem to be literally moving further apart. the president in hawaii for the holiday, congress left the capital with no deal in sight. jon karl is in washington. they needed to get it done before new year's to see this thing get done. has the time to have that happen already passed? >> well, it's getting -- there's not much hope out there. i gotta tell you. just over a week left, josh. and the speakerf the house and the president did not even speak over the weekend. the last time they had a conversation was a brief phone conversation on friday. no signs of progress on anything since then. there wasn't much before, as you know. now the white house is looking at a fallback plan. just a stop-gap bill they're hoping congress would do that would delay the tax increases on people making over $250,000 from going into effect. it would extend unemployment benefits and delay s
. >>> we're going turn now to the looming fiscal cliff. eight days until we head over it, when just about everyone's taxes will go up. rather than moving together, the two sides seem to be literally moving further apart. the president in hawaii for the holiday, congress left the capital with no deal in sight. jon karl is in washington. they needed to get it done before new year's to see this thing get done. has the time to have that happen already passed? >> well, it's getting --...
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Dec 24, 2012
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it is for a >> we are eight days from the fiscal cliff deadline and there is no deal in sight. thursday is the soonest the talks would likely resume. they want to prevent automatic tax hikes and cuts in spending from taking place. >> were going to go over the cliff for. you cannot negotiate with someone who does not want to negotiate. >> it is the first, i feel that is more likely we will go over the fiscal cliff. if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. >> economists warn without a deal, the u.s. could plunge into recession. today is christmas eve and santa just set off for his 24-hour trek around the world. >> cameras are recording his final journey. he put a huge stack into the sleigh and rudolph led the way santa says it is important for everyone to wish for peace on earth. if you want to attract santana -- santa - look closely. >> this is norad tracker and he is heading along the australian coast. on the site, he has already delivered 86 million gifts. >> a lot of good little boys and girls
it is for a >> we are eight days from the fiscal cliff deadline and there is no deal in sight. thursday is the soonest the talks would likely resume. they want to prevent automatic tax hikes and cuts in spending from taking place. >> were going to go over the cliff for. you cannot negotiate with someone who does not want to negotiate. >> it is the first, i feel that is more likely we will go over the fiscal cliff. if we allow that to happen, it will be the most colossal...
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Dec 24, 2012
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and we're less than 10 days away from the so-called fiscal cliff. and tonight there's no movement from either side towards the deal. congressman nick mulvaney talked about why he couldn't go with john boehner's plan b. >> i was never convinced and still not convinced that the senat was every going to take it up. people seemed to assume that all the house needed to do was pass this bill and it would be the end of the discussion. i believe from the beginning and continue to believe that the president has no interest at all in not going over the cliff. he wants to go over the cliff. >> well, as far the president, he said on friday that lawmakers needed to go home over the holidays to cool off but come back ready to make a deal. >> fire has destroyed a home that was more than a century old. the fire broke out around 12:30 this afternoon. no one was hurt. the fire caused about $50,000 damage. >> d.c. area boaters and kayakers are in for a shock tonight. that's because a georgetown landmark is being shut down. the national park service has terminated the
and we're less than 10 days away from the so-called fiscal cliff. and tonight there's no movement from either side towards the deal. congressman nick mulvaney talked about why he couldn't go with john boehner's plan b. >> i was never convinced and still not convinced that the senat was every going to take it up. people seemed to assume that all the house needed to do was pass this bill and it would be the end of the discussion. i believe from the beginning and continue to believe that the...
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Dec 24, 2012
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. >> eight days away from the fiscal cliff deadline. there's no movement from miticide or a deal. automatic spending cuts and tax increases will stick in january 1st if no deal is in place. that could throw the u.s. back into recession. president obama and lawmakers are on vacation. congress is not expected to meet again until after christmas. >> i guess we can call in another sign of the times. newsweek will become a digital- only publication in the new year. >> a sad moment. this is its last ever print issue. its features a photograph of the old newsweek offices in new york. the headline reads "last british." the-- "last print edissue." >> a few sloppy snowflakes today, mixed with rain, no accumulation expected. >> will that hold you over? >> no. i am still wishing for snowfall. teachers do as well. a light wintry mix today, not a big deal. nothing to get excited about. why snow excitement factor, 1 out of 10. next weekend we have the potential for little snowfall. let's talk about what's happening right now. areas of rain tracking into southwestern virginia, western north carol
. >> eight days away from the fiscal cliff deadline. there's no movement from miticide or a deal. automatic spending cuts and tax increases will stick in january 1st if no deal is in place. that could throw the u.s. back into recession. president obama and lawmakers are on vacation. congress is not expected to meet again until after christmas. >> i guess we can call in another sign of the times. newsweek will become a digital- only publication in the new year. >> a sad moment....
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. >>> retail analysts are blaming worries over the fiscal cliff for the fiscal slump. overall, holiday sales should be up 2.5% this season. retailers expect nearly $258 billion in sales by christmas day. online sales are up more than 8% through saturday to an estimated $48 billion. and abc's nick lot reports procrastinators are finding some good deals. >> reporter: we have just entered the final hours of gift buying. you look quite stressed. >> i'm note going to lie, i'm tripping out. i want to make sure everyone gets taken care of. >> reporter: the sign says the late gift might be the best gift. true yafrugality evaporates. you make a gut instinct decision. >> say you want to buy a sweater for your wife. if you think about it too much, you may not make a good choice. >> reporter: do you feel you perform best under pressure? >> absolutely. >> reporter: do you always do it last minute? >> yes, absolutely. you have to make a good decision. >> reporter: stores stay open for the last-minute larries. wallgreens is open christmas day. are you a procrastinator by nature? >> y
. >>> retail analysts are blaming worries over the fiscal cliff for the fiscal slump. overall, holiday sales should be up 2.5% this season. retailers expect nearly $258 billion in sales by christmas day. online sales are up more than 8% through saturday to an estimated $48 billion. and abc's nick lot reports procrastinators are finding some good deals. >> reporter: we have just entered the final hours of gift buying. you look quite stressed. >> i'm note going to lie, i'm...